According to the public record, 3, Brook Street, Lincoln is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 376 ft2 of internal area and a garden.
Houses of this size in this area normally have 2 bedrooms.
Brook Street, Lincoln, LN2 is located in the borough of Lincoln within the LN2 postal district.
3, Brook Street, Lincoln has 41 entries in the Land Registry database, most recently in February 2016 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 3 Brook Street Lincoln as £86,608 and the rental value as £451 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of 3 Brook Street Lincoln has increased by £4,672 (5.4%) and its rental value has increased by £27 per month (6.1%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 3, Brook Street, Lincoln is in very good condition we estimate a sale value of £90,938 and rental value of £473 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £80,545 and a rental value of £419 per month.
If you were able to purchase this property for the estimated value of £86,608, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £426 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 3, Brook Street, Lincoln was last sold on 12 Feb 2016 for £40,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since Feb 2016, the market for similar properties has risen 41.3%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 3, Brook Street, Lincoln within a radius of 454m over the last 2 years.
The most recent example is 7, Arboretum View, Lincoln, LN2 5JQ, a Freehold house which sold for £138,500 in Feb 2016.
Read more about house prices in LN2.
Brook Street, Lincoln, LN2 has a total of 20 addresses. According to our analysis of all the public data, 3, Brook Street, Lincoln is the 19th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £158k less expensive than the average property in LN2.
The closest station to 3, Brook Street, Lincoln is Lincoln station which is 500 m away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 3, Brook Street, Lincoln, 43.9% of property is socially rented and 42.7% is privately rented.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 3, Brook Street, Lincoln, 15.9% of residents are recorded as possessing school level qualifications and 26.7% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 3, Brook Street, Lincoln, the average age was 34.1 and the most common age was 22.
The graph below shows how this compares to East Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 3, Brook Street, Lincoln, 0.0% of property was a second home.
Comparison figures for East Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 3, Brook Street, Lincoln, there are an average of 0.5 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.